10% tax on HSA distribution?

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  • Ross
    Member
    • Feb 2009
    • 97
    #1

    10% tax on HSA distribution?

    I just posted about the client w/ the 1099-Q who received the CP2000. The CP2000 also noted additional tax on a qualified plan and other tax flavored accounts; $477. The client had a HSA gross normal distribution of $4,765 in 2008. I completed the 1099-SA screen just like the 1099-SA the client received. I also stated that the client used all of the funds for medical expenses. TaxAct software did not compute a 10% tax on this distribution. I ran the audits, etc. without any problems. The client has an AGI of $219k. Am I missing something? TIA.
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    • Ross
      Member
      • Feb 2009
      • 97
      #2
      Bump!

      I thought I would give this a bump .

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        • snowshine
          Senior Member
          • Feb 2009
          • 122
          #3
          Did you also fill out an 8889? I have an IRS letter I'm working on right now where the original preparer forgot to fill that out.

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